About your Search

20130201
20130228
STATION
CNNW 9
CNN 5
MSNBCW 5
KGO (ABC) 4
MSNBC 4
KNTV (NBC) 3
KPIX (CBS) 2
WJLA (ABC) 2
WMAR (ABC) 2
CNBC 1
WBAL (NBC) 1
WRC (NBC) 1
LANGUAGE
English 49
Search Results 0 to 48 of about 49 (some duplicates have been removed)
benedict was elected in 2005, formally known as cardinal joseph ratzinger. the vatican will be able to elect a new pope by march because they do not have to observe the traditional mourning time that follows the death of a pope. this is breaking news, just happening, i have reached out to the spokesman for the diocese in san francisco to get a reaction. i have not heard. we will keep trying. stay with us throughout the broadcast. reporting live if san francisco for abc7 news. >> no doubt there will be strock reaction. stay with abc7 for continuing coverage on the resignation of pope benedict xvi, breaking news from overnight with the newest information at abc7 abc7news.co. we will tweet immediate updates on twitter. >> now out the door with a check on the weather forecast. >> any changes from yesterday? >> a few changes. it is cooler this morning. the frost is possible again. here is the radar and the sat light, live doppler 7 hd showing you how dry it is. we will take a look at the temperatures. you will be able to see we are running above frosty levels in all of our reporting stat
joseph ratzinger was touched by the charges of child abuse in the catholic church. bill: what happens next on the dates that are aren't? >> reporter: he's leaving february 28, 8:00 p.m. local time in rome. that leaves that very important vacancy and sets up a conclave of cardinals. vatican says by mid-march at the latest. vatican says we should have a new pope by esther sunday march 31. pope benedict will not take part in the conclave. usually a conclave happens after a pope dies. 1415 was the last time a pope quit in office. who is the next pope? he could come from developing areas of the world. it guarantees a lot of drama and a lot of black or white smoke coming from the roof is sistine chapel. march report concerns about the pope's health surfaced this past christmas eve. have it can watchers say he looked frail as he delivered the midnight mass. here he is riding in a motorized cart. the mass is moved up two hours to give the pope time to rest for the christmas day speech. he took the opportunity to urge peace in the middle east during the holidays and was looking rather frail at
on the balcony of st. peter's basilica, joseph ratzinger becoming benedict xvi. succeeding john paul ii who had reigned as pope for 25 years. >> he had a hard act to follow. >> a very difficult act. but he followed in his own way. >> reporter: father james marten is editor at large of the order's magazine "america." >> if john paul was a rock star, he was the beloved professor. >> reporter: benedict was a shy man with a great reputation in the church. a theologian a strong advocate for a return to tradition in the face of the modern world. but these were hard years for the catholic church and the pope. there was the continuing agony in the church of the sex abuse scandals in several countries. cardinal timothy dolan of new york spoke with diane sawyer earlier and reflected on the toll of it all. >> when he speaks about the church, when he speaks about christian life they are the most noble, loving, the most elevated sentiments you can have. and for him to see the troubles, the corruption, the scandals that have always afflicted members of the church, that's got to weigh on him. >> reporter: ano
joseph ratzinger the german became pope in april 2005 when the cardinals elected him to succeed pope john paul ii. this decision means that the catholic church will be without a pope for a period of time until the cardinals can select a new successor. live in san francisco, cate caugiran, kpix 5. >>> a manhunt continues in southern california for the ex- lapd officer they say has already killed three people. a reported sighting in northridge was a false alarm. it's now been eight days since police say christopher dorner killed his first two victims. lapd was on high alert for the grammys. los angeles officials announced a $1 million reward and it cops as the search for the former officer winds down in the mountains east of l.a. meantime, l.a.'s police chief has reopened an investigation into the circumstances of dorner's firing. >> if he was to give himself up, we would be glad to listen to what he has to say. >> dorner claims he was fired for reporting a fellow officer for excessive force. the last clue investigators have of dorner's whereabouts wa
, to everyone in rome and everyone in the vatican. >> reporter: as a cardinal, joseph ratzinger was known as john paul ii's enforcer of religious doctrine. he did not like answering questions. here's abc's brian ross asking him about a sexual abuse case in 2002. >> reporter: the question was -- >> come to me when the moment is given. but not yet. >> reporter: in his almost eight-year-olds as pope, he would sometimes play the piano. he always wore his prada-style red shoes. but his passion was preaching the gospel. he's never enjoyed being an administrator and he paid a price for that. his papacy will be remembered for its scandals. those endless sexual abuse coverups that cost more than $3 billion to settle. a string of financial scandals. benedict tried and failed to clean up corruption. and the notorious vatileaks scandal, with daily exposes in italian newspapers, a vatican back-stabbing in intrigue. he may have been the first pope to tweet, but as the leader, he tried to hold back the forces of modernity, refusing to expand the role of women. now, though, he is accepting the reality of
-old leaders says he is too weak to continue. joseph ratzinger came pope when cardinals chose him to succeed pope john paul
papacy and so the logic was simple, they wanted continuity. so cardinal joseph ratzinger seemed an obvious choice. this time there is no such obvious front runner and no simple, single, overriding issue that's driving the reflection, which is why a lot of us believe this conclave may be a little bit more complex and it may take a little bit longer for the cardinals to reach consensus. >> all right. all right, john, let's come back here to new york for a second. melinda, let me ask you, when you're looking at this from the outside, other than the timing which you know i'm completely obsessed with, that's mainly because i have to figure out when i have to get to rome, but when we're looking at what might be different this time, that's the excitement, right? what are you looking at from the outside? what do you think the possibilities here are? and are we being too excited? >> in terms of the candidates or in terms of what we're going to see going forward? >> because pope benedict has created precedent here by saying i'm resigning, this is the best thing for the church, will that i
it before. one was the american cardinal and joseph ratzinger you may have heard of who became benedict xvi. this time you have 50 conclave veterans in the sistine chapel, and i think therefore will be more inclined to think they ought to have say in what's happening. >> and i believe some 67 who have been elevated to cardinal by benedict xvi. >> that's right. all 115 were appointed by john paul or benedict. >> so as catholics around the world look to the possible direction the church might take, and in america we know there's a big wing of the roman catholics who is looking for a more progressive, more modern catholic church, that addresses the real issues of living in today's 21st century world, other parts of the word are much more traditional, much more conservative model. how do you see it going forward and to you think there will be an american pope for the first time? >> an american pope is a long shot, but for the first time it's thinkable. in the old idea you couldn't have a super power pope because america is too powerful and if you put that guy in, half the world will think vatic
think this means? he said remember who pope benedict xiv is. he is, before he was the pope, he joseph ratzinger, and a profe professor. that's what he wanted to do in retirement. they is a theologian in part, so it's not surprised in that regard. pope watched the church deal with that difficulty as well as the scandals that many felt that they were flat-footed in responding to. >> well, again they're going to be conclave after the 28th. we'll know for the new season of easter who the new pope will be. ann, thanks so much. >>> so another horrific incident of gun violence, this time in delaware. a man shot his wife and a new woman at the newcastle courthouse this morning. the suspect also wounded two police officers. the suspect killed by police. >>> here's a look at what else is topping the news. the lapd is over a record $1 million reward to find chris dorner. the lapd says they will reopened the investigation that led to his firing. he's wanted for a killing spree in revenge for his dismissal. >>> hundreds of school districts canceled classes in new york, connecticut and massachusett
joseph ratzinger. they might have one candidate that stands out and they finda anaise meeting. the election of john paul roim -- i overnight. he was prayerful and they picked him almost automatically and stame with pope john paul ii. you - pope benedict. i don't think we can tell at this point. >> monsingor, always good to see you and we'll pull for a longhornser or north american as you say. >> thank you, eric. >> libyans, thousands of therm marking the uprising that toppled gad gad. many are sporting flaggings on their cars and balloons and featuring the national colors. the new leader calling for unity in the nation. but the new libyan central government has little authority beyond the capitol of tripoli. the country is fractured. there are militia. >> explosion in baghdad this morning. 28 people were killed and dozens more wounded . here you can see burned out hulkings was -- buildings and cars. sunday is the beginning of the work day there. >> the national gun debate rages on and new quis of a potential fall out. they are halting production in response to sweeping gun law
it's going to be a moment of pivot. i think it's probably planned. i think benedict, joseph ratzinger wanted to be pope last team. he planned to do it. he gave a mark anthony speech. we all heard it during the funeral, which we covered last time. it looks to me like basically he has a 67 voters, majority of voters, in the college of cardinals that he has appointed personally. i think they'll be watching who he wants. if he wants this fellow skoela, he is going to get him. >> it's not the ora of the papacy itself, and you, i think rightfully so, say that the decision could open up a period of soul-searching in the catholic church has, in fact, badly needed. >> right. that point about the most modern thing he did is a quote from michael sean winters, a very smart watcher and student of the catholic church. you know, i was listening to chris, and i think he has the politics broadly right, but this is kind of macciavelli versus the holy spirit here. >> which one? >> exactly. >> i don't represent the holy spirit. i just want to say those are the two views. because he is right. skola is the
and europeans. they were very much in place under pope benedict xvi when he was cardinal joseph ratzinger. maybe it's time for someone outside of rome, who is not engrained in this culture, mabe it's time from someone from a developing nation, someone else to clean house. >> raymond, a former catholic friar in england spoke to christia christiane amanpour, and what he said, it really stuck with me. i wanted to play it for you. his name is mark dowd. >> homosexuality is the ticking time bomb in the catholic church. on the one hand, the church teaches that the condition of same-sex attraction is intrinsically disordered, those are ratzinger's own words from 1996, but we know about half if not all of people attracted to the seminaries are gay themselves. >> ratzinger is pope benedict. is this true? >> i think you have to step back for a second, erin. this is hardly a news flash. father donald cousins wrote about this 20 years ago. father andrew greely coined the phrase lavender mafia talking about a subculture within the catholic church. but barbie was quite right. this is focusing the electorate's
to "hardball." ♪ >>> we're back. 85-year-old pope benedict the former joseph ratzinger made history today when he left the vatican in a helicopter from rome to the papal summer home cassell began dal foe for the first phase of his retirement. in his final tweet as pot he said, quote, that you for your love and support. may you always experience the joy that comes from putting christ at the center of your lives. his departure ushers in a new era for the church and the more than 1 billion catholics worldwide and soon more than 100 cardinals will meet in conclave to select a new pope and decide the future of the faith. george is our nbc news vatican analyst and tom roberts is managing editor of the national catholic reporter and author of "the emerging catholic church." george, you know, in american presidential politics, we always try to correct for the latest president. you know, we had truman who had too much of a kansas city problem so we brought in mr. clean eisenhower. we had nixon and ford so we brought in a guy who had never been involved in politics or been to washington, cater. and we b
've understood that pope benedict the xvi, joseph ratzinger, soon to be pope emeritus is incredibly sensitive and kurt tee just an courteous. people have come to appreciate and feel for him maybe more than they had during the years of his pontificate, jon. jon: as the helicopter prepares to liftoff let's listen to the peeling of the church bells as this pope prepares to say goodbye. [bells ringing ] jon: what a view, when the last pope resigned 600 years ago he didn't depart by helicopter as bill herm pointed out. we have air to air shots covering every move of the current pope east spends his last couple of hours in office heading to a temporary retirement in castle gandolfo a few miles from rome and eventually back to the vatican at well a convent apartment that is being renovated for him now. jenna: the ride itself, the helicopter trip between the vatican and castle gandolfo is supposed to take 15 minutes or so. what a trip it is, by the images we have of the land of rome, quite moving images whether you're watching it from this point of view or in side the helicopter as well. we have a se
's a great statement about the humility of joseph ratzinger, as he will become at the moment of his abdication once again. and in a strange way, this is his last great service to the church. he wants the church to have the kind of strong leadership that it needs. as i understand it, the process will unfold rather much like the process would unfold had the pope died except for the fact that the cardinals will obviously now be gathering in rome in the weeks before february 28th so that they can enter the conclave immediately on the abdication of the pope and begin the process of choosing his successor, which could take several days or several weeks. >> for those who are not familiar with this process, the papal conclave will be convened and require a tw-thirds majority among the cardinals to elect a successor? >> that's correct. and one thing about the timing of this that is interesting is that the college of cardinals is now just about as full as it can be. the maximum number of the electors is set at 120. i think we're almost there right now. so, this will be the largest conclave in
. >> and lord, joseph, roman catholic church, cardinal ratzinger. ratzinger. >> oh, back now to more recent images and it's clear that the pope, vatican leader has taken a toll on him physically and such a incredibly demanding position, he insists that the decision to step down was made without any outside pressure. greg palkot is outside london with the latest. >> reporter: it was a big surprise to a lot of people. pope benedict xvi saying he will step down on february 28th, less than eight years into the papacy and he went on to say that specifically his strength was deteriorating in the last few months and that's why he made the decision. according to the vatican today, this sets up a conclave of cardinals and elections for a new pope by mid march and the vatican saying we should see a new pope by easter sunday, march 31st. and benedict will not take part in that conclave and has to be said conclaves usually happen when poapst die and the last time a pope resigned was the year 1415. and pope benedict says that poapst should step down when they don't feel up to it. we saw john paul ii su
to being a cardinal. take his old name, joseph ratzinger. will he be able to counsel the next pope? >> well, if the next pope would like it, i'm sure he could. however, if -- some people have suggested, wait a minute. you're going to have two popes at work. that's not true. the pope is retiring because he wants to retire. if he wanted to have influence on the church still, he would stay as pope. i would expect very much -- the fact he's going to a monastery -- will be living in a monastery is significant. he wants a quiet life of study and of prayer. i assume that if the new pope wants to ask his counsel, he's clearly going to give it. but he's not going to go -- he's not going to be there looking to try to influence the next pope. >> and the new -- the cardinals will be meeting right after the pope resigns on february 28th at 8:00 p.m. will the deliberations about the next pope begin immediately? >> they could begin. we'll find out that in the next few days. they could technically begin as early as the day after, as early as march 1st. but you have to remember, it's never the conclave, whi
. >> reporter: as cardinals joseph ratzinger, he was labelled god's rottweiler. he was shown a gentle side. never more so than meeting with sex abuse victims in his 2008 trip in the u.s. he saved his biggest surprise for last says john thamus who covered the vatican for 30 years. >> he will be remembered as the pope who resigned. it will be greatest gift to the church. >> reporter: currently, the conclave to elect the successor to benedict xvi is to happen between march 15th and march 20th. there is talk of moving that date up. all of the cardinals are expected to be here on february 28th. alex, back to you. >>> anne thompson, thank you. the blame game on tsequestratio. the new york times says those will cut 14,000 teachers and employees. and 250,000 civilians employed by the army could be furloughed for up to 22 days. aircraft would forego maintenance. >> it's the president who proposed this sequester. is the house with smarter cuts in other areas of government. >> the fact is this was never the president's idea. this was the result of hostage politics in the republican party. this is wha
the cardinal who presided over the funeral mass of cardinal joseph ratzinger, and over the function of the vatican, he did such a masterful job that many people believed it propelled him to election as benedict xvi, there won't be those massive public events ahead of the conclave, the public performance during that period becomes much less important than the behind the scenes conversation that will go on as the cardinals of the world begin to gather here in rome. >> there will be speculation about who the current pope favors to be his success sore i imagine. >> benedict made it clear when he he talked about papal resignation in the past, he does not believe it would be appropriate, but people will try to read the tea leaves in terms of what benedict is thinking about this process may be. it should be said, one of the questions over the years, about a resigned pope, precisely this, the potential in the church, where one faction to the church loyal to the new pope and one faction loyal to the old pope, so the extent to which once the successor is named, how benedict can both symbolica
, right now on pope benedict 16. he was born joseph ratzinger in germany. he became a cardinal in 1977. he was chief theological adviser to pope john paul ii. he was elected pope in 2005. he was then 78 years old. the oldest person to become pope in almost 300 years. little has been said publicly about his health. which made his resignation today even more surprising. since he said his strength has deteriorated recently. once again, much more on this story coming up. the shocking resignation of pope benedict xvi. i'll talk, among other things, to the man who introduced me to the holy father here in washington back in 2000. standby for that interview. >>> and a 75-mile path of destruction across three counties. we'll hear from people who lived through this devastating tornado. see life in the best light. outdoors, or in. transitions® lenses automatically filter just the right amount of light. so you see everything the way it's meant to be seen. maybe even a little better. visit your eyecare professional today to ask about our newest lenses, transitions vantage and transitions xtractive len
wrote about her friend when he was just cardinal joseph ratzinger. >> john paul ii was much more vigorous. when he wanted something, he was really now! joseph ratzinger is not now, but is trying to convince -- maybe try to convince to make these people reasoning in a certain way, but he didn't succeed. >> reporter: even the most faithful say his legacy will be m mixed with great accolades for his teachings and writings but criticism for some of his leadership. >> success is hard to say. it's not that there's been highs and lows but issues to deal with that have been very serious. >> reporter: the abuse of children by priests has driven people away from the church. >> i think there are all kinds of rules and regulations that have been set up to protect children more so that this does not happen again. >> reporter: the growing consensus is that the next pope must be a strong manager, able to take on the challenges and reign in a dysfunction al. able to lead this institution and charisma never hurt. >> i hope he will be a man with a vision and can move forward. say to the crowd i lo
. >> joseph ratzinger, matt, in 2005, was one of only two cardinals who had participated in the papal elections. the two elections of 1978. he knows exactly what the purchas burden of responsibility is that these men are taking on themselves. he knows the conflicting emotions that many of them have. some of which greg and father baron have just described. i think he was saying to them, look, i know how you feel. and i am going to be with you in solidarity and in prayer over the next several weeks. of what is going to be a difficult test. >> at the same time, he has made clear, he does not want to exert undue influence on the process. this is not somebody who's behind the scenes twisting arms saying this should be the next pope? absolutely not, savannah. he is going to disappear. we're not going to see this man for months. he's too much a respecter of the process. he's too much of a respecter of his brother cardinals. and he's too, frankly, humble a human being to try to monkey in any way whatsoever with the selection of his successor. >> matt? >> yeah, i was curious, though, and fathe
moments. >> reporter: joseph ratzinger was elected pope benedict xvi in april of 2005. the college of cardinals did not pick an unknown quantity. he was considered one of the catholic church's finest minds. he was the professor watching the back of his star-like predecessor john paul ii, whom he served as a trusted adviser and friend. many expected the severe german cardinal would bring his strict style to the papacy, and in some ways, he has. he reaffirmed the church's strong opposition to abortion, gay marriage, and euthanasia. in his first major ruling as pope, he imposed restrictions on homosexuals becoming priests. in the year following his election, during a trip to germany, pope benedict made perhaps the most controversial remarks of his papacy, addressing a group of scholars. he quoted a byzantine emperor, asserting the prophet muhammad brought things "only evil and inhuman." the comment sparked outrage and protests in many muslim countries. the pope tried to defuse the anger by clarifying the quote did not express his personal views but stopped short at an outright apology
papacy. perhaps he wanted to avoid that. now the former german cardinal, joseph ratzinger, was a conservative and advocate of traditional faith. he had to deal with a whole lot of issues between catholics and muslims and jews during his time in office. he also had to deal with scandal including the widespread charges of child abuse inside the catholic church. the question now is, who will be the new pope before the billion plus catholics around the world? there is some speculation it could come from south america, from africa, the developing world. history could be made but as we've seen in the past certainly there will be drama as well as those black and then white smoke signals come up from the sis teen chap nell. we'll be -- sistine chapel. we'll be watching. jenna: the twitter account we put up on the screen is something new he started. probably won't get the announcement from there. that would be a little too much. greg, much more on the story throughout the day today. big one as it is. thank you. >> reporter: thank you. >> look at that, guys. that is a tornado right
part of that. friends who worked with then cardinal joseph ratzinger in the vatican knew that but prior to that no one knew. popes don't face the same pressure to reveal medical records ads presidents or presidential candidates and i would suggest that today's revelation may well add some pressure that some cardinals are already feeling to be more concerned about potential health problems of men that may be considering to succeed benedict xvi. >> john allen reporting live from the vatican. >>> today in chicago two gang members are due in court charged with the murder that has become a keystone in the national debate over gun violence. they're accused of shooting 15-year-old honor student hadiya pendleton days after she performed at a lunch in washington during inauguration week. she died a mile from her chicago home. >> michael ward has confessed and indicated that has ddiya wa not the intended target. in fact the offenders had it all wrong. they thought the group they shot into included members of a rival gang. instead it was a group of upstanding, determined kids, like hadiya, were re
-runner in the same way that cardinal joseph ratzinger was the last time around. but there are perhaps two or three figures one could say are the next tier down. cardinal angelo shokoal, cardin mark willet, who runs the power for bishops, a deeply spiritual figure and perhaps leonardo sandri, a career vatican official a man that brings the first world and the third world together. we shall see if one of those guys breaks through. >> reporter: indeed and, of course, there may even be a cardinal from the third world, the developing world, who might be elevated. we're going to interview the american cardinal timothy dolan in a few hours from now. we'll have that live on cnn and he's used an awful lot of colorful language to insist he's not the next pope. but his name is constantly cropping up as well. soledad? >> we're already taking bets on who the next successor will be, i'm not surprised about that, guys, thank you. pope benedict xvi will be staying at the picturesque castel gandolfo, southeast of rome. it's a small castle thtle and b anderson is there for us now. >> reporter: hi, soledad, the fina
not the savior. there's only one savior, jesus christ. >> i didn't know. >> joseph ratzinger, cardinal ratzinger then was 78 years old when he got this job and was actually looking at retirement. he was ready to step down. >> right. >> but obviously the vatican calls -- >> he was moving to boca. hey, how do you know, mika brzezinski, that your church, the catholic church, is in serious, serious trouble? >> how? >> when mike barnicle is speaking. when he becomes -- >> when i'm at the pope desk. >> when he's at the pope desk. where is pat buchanan? hey, somebody call pat buchanan and wake him up. what's up next? >>> well, we're going to talk about the state of the union next. coming up, deputy majority whip congressman tom cole will join us. also former deputy campaign manager for the obama campaign, stephanie cutter will be here to preview the president's state of the union address. and later, we'll talk to nbc news chief white house correspondent, chuck todd. and "new york times" columnist gail collins. and in just a few minutes, sports columnist for the "new york daily news," mike lupica joins
. what has struck me in the 25 years i have known the man who will return to being joseph ratzinger, is the simplicity of his soul. this is a thoroughly convinced christian believer who happens to be one of the smartest people in the world who speaks six or seven languages with complete flewency, who knows the history of biblical religion from "a" to "z." who never wanted to be an executive, a manager, who always thought of himself primarily as a scholar. but who somehow could translate all of that learning into beautiful simplicities about god's love for the world and for god's people. >> and, george, even as we honor the service of this pope, we look forward to the election of a new pope. and tell us about this process. i mean, is this a sort of thing where, for lack of a better term, there are front-runners? >> there will be an enormous amount of ink spilled in the italian press over the next two weeks about front-runners. most of that would be silly. there are a number of cardinals who fit what would seem to me to be the profile. first of all, a man in full physical vigor. that
that it was joseph ratzinger, the new pope, i was on the first plane to bavaria to do the story about this new man's life, this new pope's life. anyway, yes, it was emotional. we heard him speaking english, which was interesting because we're used to hearing him speak primarily in italian. it was clear from today's general audience, it was a different speech. normally it's a catechism. this was really a reflection on his decision and his thanks to the people who supported him and to the faithful who accepted his decision to step down from his post. very unusual moment and historic moment in that people generally don't get chance to say farewell to a pope. a pope passes on and then another one is elected. so this was a very special moment and he clearly was emotional and spoke about how his time as pope had been full of joy, but also full of difficult moments and i think we can read into that in many ways. but he said most importantly that they never felt alone, that he felt he was asked to do this job. he didn't seek it out. and he was guided the entire time. now the clock is ticking. this was his
knew benedict when benedict was joseph ratzinger. >> he could work with a real crowd and with his experience in theater and poetry and everything, he would really reach people like that. >> widmer, an author who teaches at catholic university, says as a swiss guard you never spoke to a pope or cardinal unless he addressed you first but he and benedict would chat when benedict was waiting to see pope john paul. >> completely open. >> reporter: what was he like to talk to? >> very -- he would ask me what my interests were and how i felt and how i saw things. >> reporter: and with a sense of humor, like when benedict offered to sign widmer's copy of a book that he written which was pretty thick. >> when i gave it to him he said, you're really reading this? and i said, i'm trying. he said, it helps to do it in small steps. >> reporter: but he also had a personal crisis as a guard, spending his first christmas away from home. john paul helped him through that. >> i sort of had a meltdown and right at that moment he comes out of his apartment and he noticed and he reached out to me and
, after eight years, formal cardinal joseph rat ratzinger retires as pop. as we continue to see what the conclave will do as we search for his successor as the entire world watches what is happening with him. >>> got some breaking news out of the new york fed. a hard right turn here to steve liesman. >> why does this always happen to me, carl? >> hard to follow the pope, my man. >> exactly. let me do my best. the new york fed reporting that total consumer indebtedness rising a scant 3% to 11.3 trillion. housing debt was flat. it was a small gain but the first gain we've seen since the first quarter of 2011, that was thought to be a bit of a statistical anomaly. so maybe this is the first real gain. let me show you what rose. auto loans up 15 billion. credit cards up 5 billion. the perennial student loans up 10 billion and they have been rising quite a bit. delinquencies are quite high. all delinquencies declined except for student loans and they were up almost 12% and probably because of a whole bunch of different reasons, carl, they could be twice as high as that. carl, back to you.
Search Results 0 to 48 of about 49 (some duplicates have been removed)